Use the information for the question(s) below.
Shepard Industries is evaluating a proposal to expand its current distribution facilities. Management has projected the project will produce the following cash flows for the first two years (in millions of dollars) .
-The incremental unlevered net income for Shepard Industries in year one is closest to:
A) $510 million
B) $415 million
C) $600 million
D) $355 million
Correct Answer:
Verified
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